Question: Interest rates are usually: ( Select the best answer below. ) A . close to zero because the lender has less to lose in the

Interest rates are usually: (Select the best answer below.)
A. close to zero because the lender has less to lose in the event the loan is not repaid.
B. lower on secured loans because the lender has less to lose in the event the loan is not repaid.
C. variable on secured loans because the lender can not be sure when the loan will be repaid.
D. higher on secured loans because the lender has more administrative csts.
Interest rates are usually: (Select the best answer below.) A. close

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